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HubSpot price target raised to $700 from $650 at Scotiabank

Scotiabank raised the firm’s price target on HubSpot (HUBS) to $700 from $650 and keeps an Outperform rating on the shares. The firm views its Outperform thesis as “well intact” due to strong billings upside, continued strength in KPIs, and no degradation in the end-market, the analyst tells investors.

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